Mitigating Supply and Demand and Dilution Concerns During Financing Through Treasury Share Acquisitions
First written in FY2021-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
0 other companies' latest entry also says "Achieved".
- FY2021AchievedAnnual report
「This was mainly due to a ¥579.583 million increase in retained earnings from net income attributable to owners of the parent, a ¥96.261 million decrease due to dividend payments, and a ¥436.465 million increase in treasury shares.」
Regarding the share repurchase implemented as a measure to mitigate supply-demand and dilution concerns arising from the fundraising, reports a ¥436.465 million increase for the fiscal year. - FY2021-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 15 July 2021, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the Act, and acquired treasury shares on 16 July 2021. The purpose was to mitigate the short-term impact on the supply and demand of the Company's shares arising from the issuance of the First Series Unsecured Convertible Bond-Type Bonds with Stock Acquisition Rights and the Third Series Stock Acquisition Rights, facilitate the execution of the fundraising, and, out of consideration for existing shareholders, partly alleviate concerns about dilution. Total shares acquired: 709,700. Total acquisition cost: ¥436,465,500. Acquisition method: purchase through the Tokyo Stock Exchange's off-auction purchase of treasury shares (ToSTNeT-3).」
For the first time, describes the acquisition of 709,700 shares for ¥436,465,500 to mitigate the impact on supply and demand and concerns about dilution arising from the issuance of convertible bond-type bonds with stock acquisition rights and stock acquisition rights.